
Apr 23, 2020 12:33 pm UTC| Research & Analysis Central Banks Insights & Views
Yesterdays CBTs MPC meeting could have gone in one of two ways: we held an original base view that CBT would cut the benchmark rate by 100bp; but we later revised this to 50bp because the lira was weakening exponentially...

Apr 23, 2020 11:55 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was trading 0.21% lower on the day at 107.50 at around 11:50 GMT, after closing largely unchanged in the previous session. The pair is extending sideways below 200-DMA, bias...

FxWirePro: Spotlight On Vols Normalizing In Precious Metal Segment And Shorting Prospects
Apr 23, 2020 11:15 am UTC| Research & Analysis Insights & Views
The price of precious yellow metal for the first time ever punched through the R1m a kilogram price level. Though trading below its 2012 peak of $1,772.25 an ounce in dollar terms, the stiff resistance is observed at...

Apr 23, 2020 10:28 am UTC| Technicals Research & Analysis
GBP/CHF chart - Trading View GBP/CHF was trading 0.48% higher on the day at 1.2038 at around 09:55 GMT. The pair is extending gains for the second straight session, the British pound largely unfazed by poor UK...

Apr 23, 2020 10:15 am UTC| Research & Analysis Insights & Views
Bearish NZDJPY Scenarios: 1) Agricultural commodities are dragged lower by the fall in oil prices; 2) Lower rates and RBNZ credit support to banks prove insufficient to stop a rise in housing arrears due to higher...

FxWirePro: EUR/CAD Near-Term Outlook
Apr 23, 2020 09:10 am UTC| Technicals Research & Analysis
EUR/CAD chart - Trading View EUR/CAD was trading 0.31% lower on the day at 1.5280 at around 08:45 GMT. The pair is extending weakness for the 2nd straight session, prices have slipped below 21-EMA. The single...
FxWirePro: A Glimpse At Precious Metals And Derivatives Outlook Of Pandemic Quarter
Apr 23, 2020 08:21 am UTC| Research & Analysis Insights & Views
After breaking down in March, the relationship between real yields and gold (and gold-driven precious metals) has re-established. With the return to ZIRP in the US, we see US 10-year real yields dipping to -65bp by the...